How many hires? What targets? Why the buyside? Deutsche Asset Management's new head of secondaries speaks to Secondaries Investor.
In an unusual real estate secondaries deal that one executive called a ‘no-brainer,’ the $8.6bn pension system is trading six assets for a $250m interest in an open-ended fund.
HarbourVest Partners' listed investment vehicle is around 5 percentage points above its target allocation for the strategy amid a rising valuations environment.
Regional differences are still palpable in attitudes to investing in the strategy, according to sister publication Private Equity International's Perspectives 2018 survey.
A sole buyer acquired two separate credit funds of funds as part of a clean-up in the bank's private investment arm, Secondaries Investor has learned.
The agency will start spending less time on new financial regulations, according to its chairman, Jay Clayton.
Secondary Investments IV has a $20m hard-cap to stay within its niche, according to co-founder Sherif ElHalwagy.
The investment bank has hired Mark McDonald to lead the unit after its original team spun out to form Glendower Capital.
The 2004-vintage Lion Capital has invested in names including Weetabix, Jimmy Choo and Russia's largest vodka producer.
The pension plan’s strategy to reduce GP relationships to a core group has not delivered the benefits it expected.